Question: The following data have been reported for a sample of 10 major U.S. zoological parks: a. Determine the least-squares multiple regression equation. b. Interpret the
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a. Determine the least-squares multiple regression equation.
b. Interpret the y-intercept and partial regression coefficients.
c. What is the estimated budget for a zoological park that draws an annual attendance of 2.0 million, occupies 150 acres, and has 600 species?
Number City Budget ndace Acres Species $19.5 milion 0.6 million 210 0.4 1.5 271 40.0 11.9 14.0 11.6 22.2 20.5 26.0 17.0 14.6 216 377 277 721 125 1.3 437 759 270 260 2.5 91 125 92 0.9 10
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The Minitab printout is shown below Regression Analysis Budget versus Attend Acres Species The regression equation is Budget 432 120 Attend 00612 Acre... View full answer
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